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Data / Federal rules / 2026-02665

Approval Requirements for Issuance of Payment Stablecoins by Subsidiaries of FDIC-Supervised Insured Depository Institutions; Extension of Comment Period

The Federal Deposit Insurance Corporation published this proposed rule in the Federal Register on February 11, 2026. Comments closed on May 18, 2026.

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What the agency says

On December 19, 2025, the Federal Deposit Insurance Corporation (FDIC) published in the Federal Register a notice of proposed rulemaking that would establish procedures to be followed by an insured State nonmember bank or State savings association (each, an FDIC-supervised institution) that seeks to obtain FDIC approval to issue payment stablecoins through a subsidiary pursuant to the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The proposed rule provided for a 60-day comment period, which will close on February 17, 2026. The FDIC has determined that an extension of the comment period until May 18, 2026, is appropriate. This action will allow interested parties additional time to analyze the proposal and prepare comments.

Key facts

Document number
2026-02665
Type
Proposed rule
Action
Notice of proposed rulemaking; extension of comment period
Agency
Federal Deposit Insurance Corporation
Published
February 11, 2026
Comments due
May 18, 2026
Dates
The comment period for the document published at 90 FR 59409 (December 19, 2025) is extended. Comments must be received on or before May 18, 2026.
Regulation ID (RIN)
3064-AG20
Code of Federal Regulations
12 CFR 303
Pages
1

The document on federalregister.gov PDF

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Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.